While there's still doubt people will live their day-to-day lives fully virtual in the metaverse, marketing firm Blokhaus is giving skeptics a chance to take a closer look at the technology. The marketing agency hosted an exhibit called Block/Space from South by Southwest where Cheddar News senior reporter Michelle Castillo and senior field producer Chris Catalina spoke with Mark Soars, Blokhaus CMO and founder, and had their virtual avatars minted. Castillo also checked out augmented reality kicks at the Flex booth and NFT comics at Interpop, all on the Tezos blockchain ecosystem.
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.